Ten risk pools that combine assets and liabilities across employers which helps dramatically reduce or eliminate the large fluctuations in the employer's contribution rate caused by unexpected demographic events. Plans are assigned to risk pools based on their service retirement formula.
Ten risk pools that combine assets and liabilities across employers which helps dramatically reduce or eliminate the large fluctuations in the employer's contribution rate caused by unexpected demographic events. Plans are assigned to risk pools based on their service retirement formula.
Demographic assumption rates for Service Retirement, Disability Retirement (ordinary and service), Mortality of Active Members (ordinary and service), and Withdrawal (Termination) based on the age of active members.
Actual rates of return for the past one-year, three-year, and five-year periods and to report a 10-year schedule of annual money-weighted rate of return, net of investment expense.